MEMPHIS, Tenn.--(BUSINESS WIRE)--GTx, Inc. (Nasdaq: GTXI) today reported financial results for the second quarter of 2008. The net loss for the second quarter and six months ended June 30, 2008 was $13.2 million and $26.0 million, respectively, compared with a net loss of $9.2 million and $17.3 million for the same periods in 2007. At June 30, 2008 GTx had cash, cash equivalents and short-term investments of $118.0 million.